[blossom]

interviewing a franchise business?

[fanofmawson]

Just as important, if not more, in evaluating a franchise is to understand the perspectives of current franchisees. Here are the top 12 questions I would ask:About how many hours per week do you dedicate to your franchise business?How would you describe your relations/communications with your franchisor?How does your franchisor views your communications with other franchisees?Is the franchisor fair with you in resolving any grievances?Are territories equitably granted?How would you describe the initial and ongoing training provided by your franchisor?How well does the franchisor anticipate future trends in how it evolves and markets products and services?How satisfied are you with your franchisor’s spending of the royalty fees you pay?In what ways could the parent company most improve? Is your income A) more, B) less or C) about what you expected prior to opening your business?Prior to opening your franchise, what costs, responsibilities, obligations, etc. did you underestimate? If you could turn back time to the day you signed your franchise agreement, would you make the same decision to buy your franchise?Hope this helps! Good luck!